DICK'S Sporting Goods, Inc. DKS

Consumer DiscretionarySpecialty RetailersUnited States of America

Last close 143.84 USD on Nov 1, 2026, −25.8% year to date

Quant rating

Quant rating C Rank 190 of 344 in Consumer Discretionary

Growth C 153 of 344
Valuation C 173 of 344
Quality B 68 of 344
Revisions C 216 of 344
Momentum D 273 of 344

Wall Street consensus Buy (2.36)Average target 156.73 USD +9.0%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 12.8B
Enterprise value: 13.8B
52-week range: 120.16 – 244.38
3-year range: 107.74 – 250.04
Dividend yield: 3.48%
Beta (5 years): 1.11
Shares outstanding: 88.9M
Next earnings: Nov 23, 2026

About the company

DICK’S Sporting Goods, Inc. is a global sports retailer. The Company offers a range of sports equipment, apparel, footwear and accessories through a blend of dedicated teammates, in-store experiences and unique specialty shop-in-shops. Its segments include DICK’S and Foot Locker. Its banners include DICK’S Sporting Goods stores, Golf Galaxy, Public Lands and Going Going Gone! stores, in addition to the experiential retail concepts DICK’S House of Sport and Golf Galaxy Performance Center, which are all located across the United States. Additionally, as owner and operator of Foot Locker, which includes Foot Locker, Kids Foot Locker, Champs Sports, WSS and atmos banners, we serve the global sneaker community across North America, Europe, Asia and Australia, along with a licensed store presence in Europe, the Middle East and Asia. It also owns and operates GameChanger, a youth sports mobile platform for live-streaming, scheduling, communications and scorekeeping.

Growth and profitability fiscal year ends January 31

Growth and profitability by fiscal year
	2026	2025	2024	2023	2022	5Y avg
Revenue (mil)	17,215	13,443	12,984	12,368	12,293	–
Revenue growth	28.1%	3.5%	5.0%	0.6%	28.3%	12.4%
EPS (basic, normalized)	13.20	14.05	12.91	12.04	15.70	–
EPS growth	−6.0%	8.8%	7.2%	−23.3%	–	–
Gross margin	32.9%	35.9%	34.9%	34.6%	38.3%	35.3%
Net margin	4.9%	8.7%	8.1%	8.4%	12.4%	8.5%
ROE	19.4%	40.1%	40.7%	45.1%	68.4%	42.8%

Balance sheet, last quarter
Cash & short-term investments (mil)	914
Current ratio	1.48x
Long-term debt (mil)	1,906
Net debt (mil)	993
Total equity (mil)	5,726
Net debt / equity	0.17x
Net debt / EBITDA	0.50x

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2026 actual	17,215	+28.1%	0.8x	2,005	+6.4%	6.9x	13.20	−6.0%	10.9x
2027	22,105	+28.4%	0.6x	2,137	+6.6%	6.5x	11.46	−13.2%	12.6x
2028	22,689	+2.6%	0.6x	2,332	+9.1%	5.9x	13.02	+13.6%	11.0x
2029	23,612	+4.1%	0.6x	2,624	+12.5%	5.3x	15.55	+19.4%	9.3x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2027	22,105	+0.1%	−1.1%	−0.2%	11.46	+0.4%	−19.7%	−19.3%
2028	22,689	0.0%	−1.9%	−1.5%	13.02	−0.7%	−20.1%	−18.4%
2029	23,612	+0.2%	−1.3%	−0.8%	15.55	−0.2%	−14.3%	−12.3%

Earnings surprises EPS beat in 3 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Apr 2024	Jul 2024	Oct 2024	Jan 2025	Apr 2025	Jul 2025	Oct 2025	Jan 2026	Apr 2026	Jul 2026
Sales reported (mil)	3,018	3,474	3,057	3,894	3,175	3,647	4,168	6,226	5,165	5,587
Sales mean (mil)	2,935	3,437	3,025	3,780	3,130	3,626	3,591	6,070	5,073	5,651
Surprise	+2.8%	+1.1%	+1.0%	+3.0%	+1.4%	+0.6%	+16.1%	+2.6%	+1.8%	−1.1%
EPS reported	3.30	4.37	2.75	3.62	3.24	4.38	2.78	3.45	2.90	3.53
EPS mean	2.95	3.83	2.68	3.53	3.22	4.32	2.71	2.87	2.90	3.76
Surprise	+11.7%	+14.1%	+2.5%	+2.6%	+0.7%	+1.4%	+2.5%	+20.3%	0.0%	−6.2%

Peer comparison Specialty Retailers

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
DKS DICK'S Sporting Goods, Inc.	12.8B	0.50x	4.9%	2.24x	12.6x	11.0x	6.5x	5.9x
HD The Home Depot, Inc.	328.4B	2.03x	8.6%	19.77x	21.9x	20.6x	14.9x	14.3x
LOW Lowe's Companies Inc	117.3B	2.71x	7.7%	−15.77x	17.0x	16.1x	11.8x	11.5x
ROST Ross Stores Inc	72.9B	−1.02x	9.4%	10.82x	27.4x	25.4x	17.4x	16.5x
ORLY O'Reilly Automotive, Inc.	70.9B	1.89x	14.3%	−33.88x	26.6x	24.1x	18.0x	16.8x
AZO AutoZone, Inc.	51.0B	1.98x	12.6%	−20.49x	18.7x	16.6x	12.6x	11.9x
Mean		1.35x	9.6%	−6.22x	20.7x	19.0x	13.5x	12.8x
Median		1.94x	9.0%	−6.77x	20.3x	18.6x	13.7x	13.1x

Technical analysis

1M+7.2%
3M−31.3%
1Y−35.7%
3Y+53.1%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, DICK'S Sporting Goods, Inc., fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Total revenue	17,215	13,443	12,984	12,368	12,293	9,584
Cost of revenue	11,548	8,617	8,451	8,084	7,581	6,533
Gross profit	5,667	4,826	4,534	4,285	4,712	3,051
Selling, general & administrative expenses	4,407	3,352	3,249	2,822	2,677	2,309
Research & development	–	–	–	–	–	–
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	164	–	2.2	–	0	0
Other operating expenses	0	0	0	0	0	0
Operating income	1,096	1,474	1,282	1,463	2,035	741
Net interest income (expense)	−64.3	−53.0	−58.0	−95.2	−57.8	−48.8
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	110	98.1	93.8	15.9	17.8	19.1
Net income before taxes	1,142	1,519	1,318	1,384	1,994	712
Provision for taxes	293	354	272	341	475	181
Minority interest	–	–	–	–	–	–
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	849	1,165	1,047	1,043	1,520	530
Extraordinary items	–	–	–	–	–	–
Net income	849	1,165	1,047	1,043	1,520	530
EBIT, normalized	1,260	1,474	1,285	1,463	2,050	916
EBITDA, normalized	1,749	1,874	1,678	1,828	2,372	1,242
Basic EPS, normalized	13.20	14.05	12.91	12.04	15.70	–

Balance sheet in millions of USD, fiscal years

Balance sheet, DICK'S Sporting Goods, Inc., fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Assets
Cash & short-term investments	1,353	1,690	1,801	1,924	2,643	1,658
Receivables	544	219	119	79.5	70.2	59.5
Total inventory	4,908	3,350	2,849	2,831	2,298	1,954
Prepaid expenses	299	159	121	128	95.6	88.5
Other current assets	0	0	0	0	0	0
Total current assets	7,105	5,418	4,890	4,963	5,107	3,760
Property, plant & equipment	8,107	4,437	3,896	3,451	3,364	3,450
Goodwill	864	246	246	246	246	246
Intangibles	769	58.6	56.7	60.4	86.8	90.1
Long-term investments	–	–	–	–	–	–
Note receivable	–	–	–	–	–	–
Other long-term assets	567	299	224	271	238	207
Total assets	17,411	10,459	9,312	8,992	9,042	7,753
Liabilities
Accounts payable	1,987	1,498	1,289	1,206	1,281	1,258
Payable/accrued	–	–	–	–	–	–
Accrued expenses	2,120	1,157	1,044	1,055	1,100	991
Short-term debt	0	0	0	0	0	0
Current portion of long-term debt	–	–	–	–	–	–
Other current liabilities	536	426	419	380	331	301
Total current liabilities	4,644	3,080	2,752	2,641	2,713	2,550
Long-term debt	1,905	1,484	1,483	1,541	1,931	418
Minority interest	–	–	–	–	–	–
Other liabilities	5,323	2,696	2,459	2,286	2,297	2,445
Total liabilities	11,871	7,260	6,694	6,468	6,940	5,413
Shareholders' equity
Preferred stock	0	–	–	–	–	0
Common stock	0.9	0.8	0.8	0.8	0.8	0.8
Additional paid-in capital	3,725	1,495	1,449	1,417	1,489	1,442
Retained earnings (accumulated deficit)	6,828	6,393	5,589	4,878	3,957	3,065
Treasury stock	−5,031	−4,690	−4,421	−3,771	−3,345	−2,168
Other equity	17.8	−0.8	−0.3	−0.3	−0.1	0
Total equity	5,540	3,198	2,617	2,525	2,102	2,340
Total liabilities & shareholders' equity	17,411	10,459	9,312	8,992	9,042	7,753

Cash flow statement in millions of USD, fiscal years

Cash flow statement, DICK'S Sporting Goods, Inc., fiscal years, most recent first
	2026	2025	2024	2023	2022	2021
Operating activities
Net income	849	1,165	1,047	1,043	1,520	530
Depreciation, depletion & amortization	489	400	394	365	323	326
Deferred taxes	99.8	−14.8	3.3	23.1	16.5	−46.2
Non-cash items	110	66.8	69.0	70.2	83.6	71.8
Changes in working capital	−10.8	−306	14.6	−580	−326	671
Cash from operations	1,537	1,312	1,527	922	1,617	1,553
Investing activities
Capital expenditures	−1,137	−803	−587	−364	−308	−224
Other investing cash flows	82.7	6.0	−27.2	−28.8	−35.7	−0.1
Cash from investing	−1,054	−797	−615	−393	−344	−224
Financing activities
Financing cash flow items	−77.7	−42.5	−98.9	−43.9	−47.9	−183
Cash dividends paid	−414	−362	−351	−163	−603	−107
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−330	−222	−586	−1,041	363	550
Cash from financing	−821	−626	−1,036	−1,248	−288	260
Foreign exchange effects	1.7	−0.4	−0.1	−0.2	0	0.1
Net change in cash	−337	−111	−123	−719	985	1,589
Free cash flow	400	509	940	558	1,309	1,329

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.